1. uptrend intact on higher timeframe
2. a distorted head and shoulder has formed at top, not activated yet.
3. price is above 20 and 50 dema that will act as support on any downmove
4. a low bar count tight pennant has also formed
trade:- wait for break and close on either side, secured trade on bearish side as there are dynamic and static supports available
Technically it is forming a lower high lower low structure on a lower time frame which indicates that the stock is in downtrend and with this it is also forming head and shoulder formation with the head exactly at 2.618 fib ratio. Thus, taking a short position is more favorable than long ones due their higher probability rate for success here according to these...
Stock is created Rounding Top
Expecting move in Intrday and Positional As well.
Strong support is far away so we are expecting some pain from this level
#HAL trading above Resistance of 3128
Next Resistance is at 3917
Support is at 2300
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
Hindustan Aeronautics is engaged in the business of Manufacture of Aircraft and Helicopters and Repair, Maintenance of Aircraft and Helicopters.
Market Cap
₹ 85,168 Cr.
Current Price
₹ 2,547
High / Low
₹ 2,813 / 1,240
Stock P/E
14.1
Book Value
₹ 624
Dividend Yield
1.92 %
ROCE
30.5 %
ROE
29.4 %
Face Value
₹ 10.0
Debt
₹ 1.92 Cr.
EPS
₹ 182
PEG Ratio
0.99
Promoter...
HAL is in long-term impulse.
Wave 3 is unfolding in the long term.
In Midterm, 3 wave of major 3 is going on.
It will enter short-term correction after the completion of wave 3.
The target for wave 3 is marked with fib projection.
The analysis is only for educational purposes. Please trade at your own risk
I had entered 25 shares @ 3020 & add more 25 @ 3290...yesterday..
Target is self explanatory with trailing s/l..
Ahl is trading beautifully in upward chanel since march 23 & today gave breakout of upward chanel with volume...
This is my analysis & view and not suggesting to buy.. Please consult your fin. Advisor before invest.
Analysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 9th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your...
The Relative Strength Index (RSI) is a popular technical analysis indicator used in the stock market. The RSI measures the strength of a security'sprice action by comparing its upward and downward movement over a given period. This indicator is one of the most widely used tools to identify whether a stock is oversold or overbought.
The RSI value ranges from 0 to...
![HAL: [1D] HAL on SELL](https://s3.tradingview.com/n/nxVeGHfR_mid.png "[1D] HAL on SELL")
